quite amusing to see how these big tycoons use their words to manipulate markets in their favour.
If this is true, it is clear market manipulation. That's nothing new to Bitcoin, but normally the manipulating parties are anonymous. Now they're known!
What is truely amazing though, is people dumping Bitcoin after
a freaking banker tells them to! The whole idea of Bitcoin is against bankers, if you understand the smallest thing about Bitcoin, you'd know it doesn't matter one bit what a banker thinks about it.
I stopped believing a word bankers day in 2008. Bankers' interests are opposite of my own personal interests.
Exactly, we have uncovered just one whalers now. Good to know!!. That's why I'm questioning from the very beginning the timing of his statement. We are already bleeding from the China news then suddenly he comes out saying that bitcoin is fraud etc.. etc. And its funny how this bankers contradicts themselves. In front they are anti bitcoin, but behind the scene something fishy is going on. So JPMorgan is one of the big entity here and I'm expecting that other big banks as well.
Ha! Unbelievable. Talk about fraud...
Just few days ago I was commenting Dimon's words and position to bitcoin and as everyone of us know it was negative and he recommended to not invest in bitcoin (!). That is just ridiculous how much doube-faced he represented himself after such words and yesterday's investment. Now I know the whale who moved the prices for bitcoin up. But now I wander will the price continue it's raise after this huge and famouse investment?
He/They are already exposed and in my opinion the price will continue to rise because investors by now know that Dimon is a double face and shady as other big bankers out there. They are all greedy and manipulate the price to get the upper hand in the market.
